Belmont Club

By Richard Fernandez

Bio

Get Updates From Richard Fernandez
A Comment About

The ghost in the machine 2

August 14, 2008 - 2:17 pm - by Richard Fernandez
buddy larsen
2008-08-15 12:11:44

Mark, he’s scaring people into the Dollar –and it is the sheer power of the Dollar move up that is trashing commod prices –my guy sez –he did this in a lull of slack demand –otherwise, superspike.

That is, above would apply if invasion was indeed ab/ oil prices –which i don’t think –it’s too big for that –plus he has 600 bbl in foreign reserves and no debt problems.